New discoveries for Apache in Egypt's Western Desert
Apache has reported finding two new wells in Egypts Western Desert that signal continued drilling success in the Faghur Basin and on concessions acquired in 2010.
E&P
Iraq and BP yet to agree on water injection project costs
Iraq and BP havent yet reached an agreement on reimbursement of costs to build a multi-billion-dollar oil field water injection scheme in southern Iraq, a senior Iraqi oil ministrys official has said.
Technip wins US$500mn Satah field development project contract
Reliance pulls out of Omani offshore oil project
Indias Reliance Industries has decided to drop out of plans to develop an offshore oil exploration block in Oman six years after signing a production sharing agreement with the government.
Iraq's oil exports fall in July
Iraq’s oil ministry said that the country’s oil exports in July compared to the previous month but oil revenues increased as average crude prices rose.
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